Travelodge Cleveland Airport 14043 Brookpark Rd 120 Pièce Hôtel Brook Park, OH 44142 3 792 057 $ CAD (31 600 $ CAD/Pièce)

Positioned just 2.5 miles from both Cleveland Hopkins International Airport and the future Cleveland Browns NFL stadium, the Travelodge by Wyndham Cleveland Airport offers a compelling value-add investment opportunity. This 125-room, five-story hotel sits on a combined 2.72-acre site and includes an adjacent 0.58-acre parcel ideal for future development. With free parking, shuttle service to the airport, and proximity to major demand generators like the IX Center, NASA Glenn Research Center, and regional employers, the property is well-suited to capture both transient and corporate travel.
The hotel has averaged approximately $800,000 in annual room revenue over the past three years, despite occupancy rates hovering around 30%. Its ADR leads the competitive set, indicating pricing strength and upside potential. Renovations are underway, with the third floor completed and additional floors pending. The on-site restaurant and bar—equipped with active licenses—present further leasing and income opportunities. The current owner/operator is retiring, creating a prime opportunity for a hands-on investor to reposition the asset and capitalize on the rising demand from nearby infrastructure and entertainment developments.